Washington, Oct 17 (TNS): World Bank lauded Pakistan’s efforts in achieving 10-year high growth of 5.3 percent in 2017, state media reported on Tuesday.
The statement was made after a meeting between a Pakistani delegation led by Secretary Finance Shahid Mahmood and World Bank Vice President South Asia Region Annette Dixon in Washington.
The two sides discussed recent performance in revenue mobilization, exports and remittances.
The Bank management said World Bank will continue to support Pakistan to implement broad economic reforms and address current risks towards achieving its development targets.
The Bank agreed with the delegation that foreign portfolio investments are not part of the external financing needs of Pakistan.
